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Rising prices increase the risk of debt issues for families and diminish parental well-being

As the fall season approaches, children are returning to school, and many young adults living at home are beginning or continuing their studies. However, with the surge in prices and a tight economic situation, parents of dependent children might face challenges as their kids require financial support and resources for school and education-related expenses. According to Intrum s European Consumer Payment Report from 2022, parents of children living at home have a distinct financial situation compared to other respondents.

Rising difficult indebtedness among young adults calls for new measures to prevent issues

The removal of many Finns payment default entries shortly after the credit information law amendment came into effect in December 2022 was a positive development. However, an analysis of debt collection data by Intrum reveals that the proportion of heavily indebted individuals among all debtors has been steadily increasing since 2019. The most significant growth has been observed in the age group of 18-24-year-olds.

Oma raha: Livahtiko tili taas pakkasen puolelle? Opi säästämään budjetointisovellusten avulla

Oma raha: Livahtiko tili taas pakkasen puolelle? Opi säästämään budjetointisovellusten avulla
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